With Minecraft and Diablo shows already on the way, Netflix reportedly offered Xbox $500m for a bigger film and TV deal
A deal between Netflix and Xbox has supposedly fallen through because of one minor quibble: Netflix wanted to adapt the console maker's games for $500m, not $800m. Read more
Netflix reportedly made an offer to Xbox worth $500 million to secure the exclusive rights to adapt the console maker's games into films and TV shows for the next seven years. However, Xbox countered with a much larger proposal of $800 million to justify this deal, according to Puck News' Matt Belloni. This offer from Xbox was reportedly made after former Netflix CFO Bela Bajaria approached the game publisher first, and the deal fell through.
Netflix CFO Spence Neumann reportedly thought the deal was not worth the $800 million price tag. Despite this, Netflix and Xbox continue to collaborate on other projects, including animated shows based on Minecraft and Diablo, as well as a live-action Gears of War film.
Written by urgent.news from Eurogamer's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
